Bill Hader to exit 'Saturday Night Live' after season finale May 18

Bill Hader has become the latest fan favorite to announce his departure from NBC's long-lived "Saturday Night Live."

Hader, best known for his celebrity impressions and the bizarre New York City correspondent Stefon, told the New York Times that this upcoming show, the season finale on May 18, would be his final "SNL" appearance.

"It was a hard decision but it has to happen at some point," the 34-year-old Hader told the paper. "It got to a point where I said, 'Maybe it's just time to go.'"

During his eight seasons on the show, Hader has become one of the most popular performers and even earned an Emmy nomination last year for supporting actor in a comedy series.

Hader isn't the only big name headed for the the exit door after "SNL's" 38th season. Sometime next year, "Weekend Update" anchor and head writer Seth Meyers will depart to take over "Late Night" from former "SNL"-er Jimmy Fallon, who is going to take over "The Tonight Show" from Jay Leno, who has appeared on "SNL" three times and hosted once, in 1986.

And there is still some question about Fred Armisen and Jason Sudeikis, both of whom have appeared on the verge of leaving for at least the last season.

According to Hader, there won't be an emotional farewell on Saturday, like departing star Kristen Wiig got the end of last season, when the cast bid her farewell as Mick Jagger sang "Ruby Tuesday."

He joked with the paper that his departure may feature a rendition of "Ruby Tuesday" and then they'll just bid goodbye to Wiig again.